EPSA

ENI (Oil Industry Company)

Eni: an Italian company with a worldwide presence

We are one of the global oil and gas super-players – operating in 67 countries worldwide and employing more than 30,000 people. A preview of our main oil and gas exploration, production, refining and selling operations, electricity and chemistry – the foundations on which our work is based – and the values that inspire our actions.

Exploration & Production:

Exploration Production Sharing Agreements (EPSA)

Onshore contract areas are:

  • Area A, consisting in the former concession 82 (Eni's interest 50%).
  • Area B, former concession 100(Bu-Attifel field) & the NC 125 block (Eni's interest 50%).
  • Area E, with El Feel field (Eni's interest 33.3%).
  • Area F, with block 118 (Eni's interest 50%).
  • Area D, with block 169 that feeds the western Libyan gas project (Eni's interest 50%).

Offshore contract areas are:

  • Area C, with the Bouri oil field (Eni's interest 50%).
  • Area D, with block NC 41 that feed the western Libyan gas project.

HESS

Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. Our company’s purpose is to be the world’s most trusted energy partner.

Our company has an industry-leading position in a key U.S. shale play -- the Bakken in North Dakota. Hess is also one of the largest producers in the deepwater Gulf of Mexico and a key natural gas producer and supplier to Peninsular Malaysia and Thailand. The company is engaged in exploration and appraisal activities offshore Guyana, participating in one of the industry’s largest oil discoveries in the past decade with the first phase of a planned multi-phase development of the Stabroek Block in Guyana underway.

Hess Operations:

Exploration Production Sharing Agreements (EPSA)

First production: 1962

Hess interest: 8.16%

Co-Owners: NOC, (59.16%), ConocoPhillips (16.33%), Marathon Oil (16.33%), Waha Oil Company (operator)

Hess is a partner in the Waha Concessions in Libya with 13 producing fields in the hydrocarbon-rich Sirte Basin. Five large oil fields were discovered between 1958 and 1961 and production started in 1962. Production has been interrupted in recent years due to civil unrest, but resumed in 2017. Net production in 2017 was 10,000 barrels of oil equivalent per day. Net production in 2018 was 20,000 barrels of oil equivalent per day.

Indian Oil Corporation

Welcome to the world of Indian Oil, a diversified, integrated energy major with presence in almost all the streams of oil, gas, petrochemicals and alternative energy sources; a world of high-calibre people, state-of-the-art technologies and cutting-edge R&D; a world of best practices, quality-consciousness and transparency; and a world where energy in all its forms is tapped most responsibly and delivered to the consumers most affordably.

Indian oil operations:

Exploration Production Sharing Agreements (EPSA)

The National Oil Corporation signed an Exploration and Production Sharing Agreement with a Consortium, including Sonatrach, Oil India and Indian Oil. Sonatrach leads the consortium. The Agreement covers Contract Area (95/96) Blocks 2/1, 2&4 in Ghadames basin in Libya, which the Consortium won in the Public Bid Round 4 for gas exploration.

The Consortium is committed to a minimum work program of 2000 km of 2D, 2600 km2 of 3D and (8) exploration wells, at an estimate cost of US $152 million.

Total S.A (refining oil Company)

Total, A Major Energy Player.

Producer and supplier of oil natural gas and low-carbon electricity.

Active in more than 130 countries, our 100,000 employees are committed to better energy that is safer, more affordable, cleaner and accessible to as many people as possible.

Total operations:

Exploration Production Sharing Agreements (EPSA)

Exploration & Production:

We have a 75% interest in Al Jurf’s non-operated offshore zones 15, 16 and 32, which have not been impacted by security issues.

We also own a 16.33% stake in the Waha Concessions.

In addition, we have interests in El Sharara onshore Blocks 129/130 (30%) and 130/131 (24%), located in the Murzuk Basin.

Given the political upheaval in Libya, production and exploration operations have been suspended at the Mabruk site.

Trading & Shipping:

We purchase crude oil in Libya

Petro Canada

Petro‑Canada has changed and grown since we started in 1975, and so has the Canada we operate in. Today, we are proudly part of Canada’s leading integrated energy company, operating in all stages of the value chain, from responsible resource extraction to consumers at the pump.

Each day, we interact with Canadians across the country through our more than 1,500 retail stations, 290 Petro‑Pass locations and 50 wholesale distributors. At Petro‑Canada, our purpose is to champion the Canadian spirit, keeping people moving toward what matters most to them. We are a Canadian company through and through, and the leaf in our logo is a glowing reminder of all we live up to. Because we share more than a country, we share a way to live.

Petro-Canada Operations:

Exploration Production Sharing Agreements (EPSA)

  • Petro-Canada has signed binding heads of agreement with the Libyan National Oil Corporation (NOC)
  • This will enable Petro-Canada to design and implement jointly with NOC the redevelopment of major fields and exploration programs in the Sirte Basin.
  • Under the new agreements, Petro-Canada will pay 50% of all development capital and will receive a 12% entitlement share of production.
  • Petro-Canada's Libyan concessions currently produce approximately 100,000 barrels of oil per day.

(Polish Oil & Gas Company) POGC Libya B.V

Polskie Górnictwo Naftowe i Gazownictwo is the largest Polish oil and gas exploration and production company. It is a leader in natural gas segments in Poland that are trade, distribution, oil and gas exploration and production as well as gas storage and processing. The company is also the largest importer of natural gas to Poland

POGC Operations:

Exploration Production Sharing Agreements (EPSA)

Our company is currently operating on 113 license area (blocks 1 and 2) in the Murzuq basin (SW Libya). During 2009 and early 2010 we completed seismic data acquisition in the area with quite extensive program for both 3D and 2D.

OMV Group

OMV produces and markets oil and gas, innovative energy and high-end petrochemical solutions – in a responsible way. With Group sales of EUR 23 bn and a workforce of more than 20,000 employees in 2018, OMV Aktiengesellschaft is one of Austria’s largest listed industrial companies. In Upstream, OMV has a strong base in Romania and Austria as part of the Central and Eastern Europe core region as well as a balanced international portfolio, with Russia, North Sea, Middle East and Africa as well as Asia-Pacific as further core regions.

OMV Operations:

Exploration Production Sharing Agreements (EPSA)

  • OMV’s Libyan production was 30,000 bbl/d on average in 2018. Once the political situation stabilizes, OMV can increase production in Libya.
  • OMV acquired additional shares from international partners for blocks C103, NC29/74, C102 and Nafoora Augila and is now the sole international partner of NOC (National Oil Company) who remains majority shareholder with a working interest of 88 to 90%.

OXY (Occidental Petroleum)

Occidental Petroleum​ is an international oil and gas exploration and production company with operations in the United States, Middle East and Latin America. Headquartered in Houston, Occidental is one of the largest U.S. oil and gas companies, based on equity market capitalization.

Occidental’s midstream and marketing segment purchases, markets, gathers, processes, transports and stores hydrocarbons and other commodities in support of Occidental’s businesses.

Occidental's wholly owned subsidiary OxyChem manufactures and markets basic chemicals and vinyls.​

OXY Operations:

Exploration Production Sharing Agreements (EPSA)

  • Occidental Petroleum Corp. continue to carry out exploration and redevelopment in Libya's Sirte basin for another 30 years under revised contracts signed with Libya's National Oil Corp. (NOC).
  • The fields contain an estimated 2.5 billion bbl of oil reserves. With an investment of almost $5 billion over 5 years, gross production of 100,000 b/d is expected to triple over that period.
  • OMV AG also will participate, taking a 25% interest, while Oxy holds 75%. The partners will design and implement major field redevelopment and exploration programs consistent with the newly established exploration and production-sharing agreement.

BP (British Petroleum)

Our people want to play their part in solving the big complex challenges facing our world today – including the transition to low carbon – and, guided by our BP values, are working to help meet the world’s need for more energy while lowering carbon emissions.

We deliver heat, light and mobility products and services to people all around the world in ways that will help to drive the transition to a lower carbon future.

BP Operations:

Exploration Production Sharing Agreements (EPSA)

  • The Libyan National Oil Corporation (NOC), British Petroleum (BP) and Italy's oil giant Eni have signed an agreement expected to lead to Eni and BP working together to resume exploration activities on a major exploration and production contract in Libya, NOC revealed.
  • The new contract says Eni is going to acquire a 42.5% stake in the BP-operated exploration and production sharing agreement (EPSA) in Libya., adding that on completion, Eni would also become operator of the EPSA.
  • BP currently holds an 85% working interest in the EPSA, with the Libyan Investment Authority holding the remaining 15%.

Equinor

We’re Equinor, a broad energy company with a proud history. We are 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, one of the world’s largest offshore operators, and a growing force in renewable. Driven by our dedication to safety, equality and sustainability and our Nordic urge to explore beyond the horizon, we’re shaping the future of energy.

Our industry is experiencing fundamental challenges. From climate change and geopolitics to the energy markets, we are facing new realities. Some see them as threats. In Equinor, we believe our job is to turn them into opportunities. That’s why we’re looking for new ways to utilize our expertise in the energy industry, exploring opportunities in new energy as well as driving innovation in oil and gas around the world. We know that the future has to be low carbon. Our ambition is to be the world’s most carbon-efficient oil and gas producer, as well as driving innovation in offshore wind and renewable.

Equinor Operations:

Exploration Production Sharing Agreements (EPSA)

  • NC-186 (MURZUQ)

Operated by Akakus oil operations, this license is governed by an exploration & production sharing agreement (EPSA) between the Libyan National Oil Corporation (NOC) & a second party consortium comprising Repsol (32%), Total (24%), OMV (24%) & Equinor (20%). production resumed in early 2017 after an interruption of more than two years. the total field capacity is around 120 kbbl/d.

  • NC-17 (MABRUK)

operated by Mabruk oil operations, the field is governed by an EPSA between NOC & Total (75%) & Equinor (25%) as second party. the field was damaged by a terrorist attack in 2015 & has been abandoned since re-development will only be possible when the security situation allows.

Gazprom

Gazprom is a global energy company focused on geological exploration, Production, Transportation, storage, Processing and sales of gas, gas Condensate and oil, sales of gas as a Vehicle Fuel, as well as generation and marketing of heat and electric power.

Gazprom views its mission as ensuring a reliable, efficient and balanced supply of natural gas, other energy resources and their derivatives to consumers.

Gazprom’s strategic goal is to establish itself as a leader among global energy companies by diversifying sales markets, ensuring reliable supplies, improving operating efficiency and fulfilling its scientific and technical potential.

Gazprom Operations:

Exploration Production Sharing Agreements (EPSA)

  • Gazprom acquired a 49 per cent stake in Libya’s oil concessions C 96 and C 97 owned by Wintershall AG. These concessions are governed by the agreements effective till 2026.
  • The concessions include nine fields with As Sarah as the largest. Current oil production is about 6 mtpa. Geological exploration is still in progress and work is underway to maintain the current production level at the concession C 96 and boosting production at C 97.

Repsol, a Global Energy Company

One of the largest energy companies, present in the entire value chain: exploration and production, transformation, development and commercialization of efficient, sustainable and competitive energy.

We are a multi-energy company operating around the globe. Our activities range from oil and gas exploration and production to refining as well as selling derived products and providing services for your everyday life, such as natural gas and electricity.

Repsol Operations:

Exploration production sharing agreements (EPSA)

  • we carry out operations through our subsidiary Repsol Exploration Murzuq S.A. (REMSA).
  • The adjusted net income of the Upstream areas increased by 110%. The increase in production was down to the new barrels obtained in a variety of projects, with Libya making the largest contribution.

Main Projects:

NC-186

  • Located in the Murzuq basin, in May of 2003 we began the process of the second phase of exploration on well I1-NC186. We’ve also made a new discovery of light crude in the exploration block located within the prolific Murzuq basin, 800 kilometers south of Tripoli, in the Sahara desert.
  • We are the operators of this block with a 32% stake, together with the Libyan National Oil Company and three European companies: OMV (Austria), Total (France), and Hydro (Norway).

NC-115

  • In 2003 we discovered well A1-129/02 in this block, with very light, high-quality oil (39° API) in the prolific Murzuq basin, 800 the south of Tripoli. This is the third well made in this block, which covers 4,440 km2 and has proven an excellent level of quality as fossil fuel reserves.

Petrobras

We are a publicly-held company operating on an integrated basis and specializing in the oil, natural gas and energy industry.

We are present in the exploration and production, refining, marketing, transportation, petrochemicals, oil product distribution, natural gas, electricity, chemical-gas and biofuel segments.

Petrobras Operations:

Exploration production sharing agreements (EPSA)

  • The Consortium bid for two more areas out of a total of 15 put out to tender in this round. Area 18, awarded to the consortium on January 29 2005, is made up of four blocks with a total of 10.307 km2, and situated in the offshore northeastern segment of the Libyan coastline in the Mediterranean Sea at water depths of between 200 and 700 meters.
  • Major oil and gas producing fields such as Bouri, Al-Jurf, Bahr Essalam, etc., are also located in the vicinity, being surrounded by various important discoveries of oil and gas such as those in the G1-NC35A, C1- NC35A and E1-NC41 areas and as yet undeveloped.

Chevron Corporation - Human Energy

We’re one of the world’s leading integrated energy companies producing safe, reliable energy now and for the future.

Our success is driven by our people and their commitment to get results the right way – by operating responsibly, executing with excellence, applying innovative technologies and capturing new opportunities for profitable growth.

Chevron Operations:

Exploration production sharing agreements (EPSA)


Shell Global

We are a global group of energy and petrochemical companies with an average of 86,000 employees in more than 70 countries. We use advanced technologies and take an innovative approach to help build a sustainable energy future.

Shell is an international energy company with expertise in the exploration, production, refining and marketing of oil and natural gas, and the manufacturing and marketing of chemicals.

Shell is an international energy company that aims to meet the world’s growing need for more and cleaner energy solutions in ways that are economically, environmentally and socially responsible.

Shell Operations:

Exploration production sharing agreements (EPSA)

RWE

RWE is a trusted partner for electricity generation, building storage systems and energy trading. Together with our partners we develop innovative solutions and drive technological progress for our customers. In these times of transition, we all have the unique opportunity to help re-shape the energy supply for future generations. RWE is changing, its renewables business is expanding massively and is adapting to meet the new challenges posed within the existing business.

RWE Operations:

Exploration production sharing agreements (EPSA)

  • RWE Dea has discovered oil in its first exploration well in Libya.
  • The new discovery has been made in the Sirte Basin within NC 193 license which was awarded to RWE Dea under EPSA III conditions in May 2003 as sole shareholder.
  • The successful well is the first in a substantial drilling campaign, which will include at least 10 wells to be drilled in RWE Dea's licences NC 193, 194, 195, 196, 197 and 198 with up to three drilling rigs.

Sonatrach

A global energy player. A national hydrocarbon company and locomotive of the Algerian economy.

Its strength lies in its ability to be a Group integrated in the entire value chain: Exploration-Production, Pipeline Transport, Liquefaction and Separation, Refining and Petrochemistry and Marketing.

Sonatrach Operations:

Exploration production sharing agreements (EPSA)

  • Sonatrach invests in two fields located in the Ghadames Basin, after it won a contract to explore and explore oil and gas after 2005.
  • The company is seeking to complete the development plan for the piece “MN 65” as well as completing the obligations regarding parts 96 and 95 located in the Ghadames basin.
  • Estimated reserves from the identified prospects indicated more than 2.0 Tcf gas and 95 MMbbl condensate with possible oil considered as an upside.

Turkish Petroleum Corporation

TP is a national oil company involved in merely upstream (exploration, drilling, well completion and production) sector.

TP has four core activities in the oil sector.

• Exploration, Drilling, Production and Well Completion

• Natural Gas Storage

• Participation to Oil and Natural Gas Pipeline Projects

Turkish petroleum:

Exploration production sharing agreements (EPSA)

  • TPAO is the 100 % holder and operator in the Area 147/3-4, Murzuq basin, Libya.
  • The exploration campaign in 147 3/&4 Concession in Murzuq Basin, Libya, commenced in 2009 with the drilling of A1-147/3 well and resulted with a discovery.
  • Out of 11 exploration wells drilled in the concession, 7 wells (A1-, B1-, C1-, D1-, E1-,F1-, I1- 147/3) resulted as oil discoveries.

MedcoEnergi (The Energy Company Of Choice)

A publicly-listed energy company with the focus on exploration and production of oil and gas.

We Have reorganized our Operations based on E&P phases of work from exploration to development to production, enabling us to devote the right expertise and resources on the right phases of work, leading to better operational execution and control.

MedcoEnergi Operations:

Exploration production sharing agreements:

  • Since obtaining the participating interest in Area 47, Libya, from 2005 until 2009 the Company, together with Verenex, drilled a total of 20 exploration wells and 6 appraisal wells, with 18 of the exploration wells showing indication of considerable oil reserves.
  • The exploration success rate of 90% is well above the global average success rate. According to a D&M report dated 30 September 2008, a total gross discovered 2P reserves of 282 MMBOE and gross contingent resources of 211 MMBOE are estimated in Area 47.

Exxonmobil

ExxonMobil, one of the world’s largest publicly traded energy providers and chemical manufacturers, develops and applies next-generation technologies to help safely and responsibly meet the world’s growing needs for energy and high-quality chemical products.

We are committed to meeting the growing demand for energy, while at the same time reducing the environmental impacts.

Exxonmobil Operations:

Exploration production sharing agreements (EPSA)

  • The agreement includes four blocks located in Contract Area 21, approximately 110 miles off the Libyan coast. The contract area comprises 2.5 million acres and is situated in water depths ranging from approximately 5,400 feet to ultra deep areas of more than 8,700 feet.

ONGC (Oil & Natural Gas Corporation Limited)

This Public Enterprise Represents India's Energy Security Through its Pioneering Efforts.

Maharatna ONGC is the largest crude oil and natural gas Company in India, contributing around 75 per cent to Indian domestic production. Crude oil is the raw material used by downstream companies like IOC, BPCL, and HPCL (subsidiary of ONGC) to produce petroleum products like Petrol, Diesel, Kerosene, Naphtha, and Cooking Gas-LPG.

ONGC Operations:

Exploration production sharing agreements (EPSA)

  • In April 2007, OVL entered into an exploration and production-sharing agreement (EPSA) with National Oil Corporation (NOC) of Libya contract Area 43. The block with an area of 7,449 sq km is in the offshore extension of the Darnah-Tobruq Basin.

Tatneft

TATNEFT is one of the largest Russian oil companies today and is an internationally recognized vertically integrated holding. The industrial complex of the Company includes steadily developing enterprises of crude oil and gas production, petroleum refining, petrochemicals production, the tire-manufacturing complex, network of filling stations and services. TATNEFT also has a stake in the financial sector companies (banking and insurance).

TATNEFT Operations:

Exploration production sharing agreements (EPSA)

  • The activities of Tatneft in Libya are governed by the Exploration and Production Sharing Agreement (EPSA). The duration period of the Agreement is 30 years. The aggregate exploration program on the four licensed blocks with a total area of 18 thousand square kilometers implies performance of seismic surveys and drilling of exploratory wells.
  • Tatneft signed an agreement with NOC in 2005 that the Russian company will obtain about 10.5 percent of its production shares in the Ghadames Basin.

Wintershall Dea GmbH

Wintershall Dea searches & produces natural gas & crude oil worldwide-as a reliable partner, an experienced pioneer & ambitious team.

Wintershall Dea not only produces gas and oil. The company also proves its expertise in building a pipeline infrastructure and the sale of natural gas.

Wintershall Operations:

Exploration production sharing agreements (EPSA)

  • Wintershall Dea has been involved in the exploration and production of crude oil in Libya since 1958. The company participates in onshore oil production in the Eastern Sirte Basin and holds a stake in the offshore field Al-Jurf.
  • Wintershall Dea participates in crude oil production from nine oil fields across the Areas 91 (former Concession 96) and 107 (former Concession 97) in the Eastern Sirte Basin, about 1,000 kilometres southeast of the capital Tripoli in the Al-Wahat municipality.
  • Wintershall Dea also holds a minority stake in offshore oil production from Al-Jurf offshore platform in Areas 15/16/32 (former C137). The platform, operated by Mabruk Oil Operations.